IND

EX

Performance
Analysis
Q3-FY 2023-24

1
 INDEX

IND
VISION
EX ---------- 3
PERFORMANCE HIGHLIGHTS ---------- 4
FINANCIAL PERFORMANCE ---------- 6
BUSINESS PERFORMANCE ---------- 13
NPA MANAGEMENT ---------- 22
CAPITAL ADEQUACY ---------- 25
FINANCIAL INCLUSION ---------- 27
DIGITAL INITIATIVES ---------- 28
CUSTOMER TOUCH POINT ---------- 33
SHARE HOLDING PATTERN ---------- 35
ASSETS & LIABILITIES ---------- 37
ESG INITIATIVES ---------- 38
ACCOLADES & AWARDS ……….. 41

Performance Analysis Q3-FY24

 IND
EX

Performance
Performance Analysis
Analysis Q3-FY24
Q3-FY24
 PERFORMANCE HIGHLIGHTS

IND
BUSINESS GROWTH
EX (Rs. In Crores)

Parameters Dec-22 Sep-23 Dec-23 Q-o-Q (%) Y-O-Y ( %)

CASA 114591 119206 120915 1.43% 5.52%

BUSINESS GROWTH

CASA% 44.50% 43.65% 43.49% (16 bps) (102 bps)

Tot al Deposit s 257480 273093 278046 1.81% 7.99%
Home Loan 23065 25596 26612 3.97% 15.38%
Jewel Loan 35705 41572 43947 5.71% 23.09%
Advances 175050 208913 216163 3.47% 23.49%
Business 432530 482006 494209 2.53% 14.26%

PROFITABILITY
(Rs. In Crores)

Parameters Dec-22 Sep-23 Dec-23 Q-o-Q (%) Y-o-Y (%)

Net Interest Income 2272 2346 2398 2.21% 5.55%
Profitablity

Net Interest Margin 3.27 3.12 3.12 - (15 bps)

Operating Expenses 1682 1783 1879 5.39% 11.70%
Operating Profit 1540 1677 1780 6.15% 15.60% 4
Net Profit 555 625 723 15.69% 30.15%

Performance Analysis Q3-FY24

 PERFORMANCE HIGHLIGHTS

IND
ASSET QUALITY
EX (Rs. In Crores)

Parameters Dec-22 Sep-23 Dec-23 Q-o-Q (%) Y-o-Y (%)

Gross NPA 14333 9893 8441 -14.68% -41.11%
QUALITY

Net NPA 4000 1364 1303 -4.53% -67.44%

ASSET

GNPA% 8.19% 4.74% 3.90% -84 bps -429 bps

NNPA% 2.43% 0.68% 0.62% -6 bps -181 bps

STREGTHENING FINANCIAL INDICATORS

(Rs. In Crores)

Parameters Dec-22 Sep-23 Dec-23 Q-o-Q (%) Y-o-Y (%)

STRENGTHENING

INDICATORS
FINANCIAL

PCR 91.34% 96.76% 96.85% 9 bps 551 bps

CRAR 15.16% 17.00% 16.80% (20 bps) 164 bps
ROA 0.73% 0.75% 0.86% 11 bps 13 bps
ROE 16.43% 16.16% 17.70% 154 bps 127 bps
5

Performance Analysis Q3-FY24

 FINANCIAL PERFORMANCE

IND
EX (Rs. In Crores)

Quarter Ending 9 Months Growth %

Particulars 9Months
9 Months 9 Months
Dec-22 Sep-23 Dec-23 Q-o-Q % Y-o-Y % FY 23-24 over
FY-2022-23 FY-2023-24
9M FY 22-23
Interest Income 5056 5821 6176 14208 17421 6.09% 22.15% 22.61%
Interest Expenses 2784 3475 3778 8229 10355 8.71% 35.71% 25.83%
Net Interest Income 2272 2346 2398 5979 7066 2.21% 5.55% 18.19%
Non Interest Income 950 1114 1262 2678 3179 13.24% 32.74% 18.69%
Operating Income 3222 3460 3659 8657 10245 5.76% 13.57% 18.34%
Operating Expenses 1682 1783 1879 4597 5443 5.39% 11.70% 18.39%
Operating Profit 1540 1677 1780 4060 4803 6.15% 15.60% 18.29%
Total Provisions 985 1053 1058 2612 2955 0.49% 7.40% 13.16%
Net Profit/Loss 555 625 723 1449 1848 15.69% 30.15% 27.54%

Performance Analysis Q3-FY24

 TOTAL INCOME

IND (Rs. In Crores)

Quarter Ending EX 9 Months Growth %

Particulars 9Months
9 Months 9 Months
Dec-22 Sep-23 Dec-23 Q-o-Q % Y-o-Y % FY 23-24 over
FY-2022-23 FY-2023-24
9M FY 22-23
Interest on Loans 3515 4288 4614 9519 12816 7.60% 31.27% 34.63%
Interest on Investment 1448 1461 1519 4403 4406 4.02% 4.94% 0.07%
Other Interest Income 93 72 42 286 199 -41.81% -54.54% -30.37%
Total Interest Income 5056 5821 6176 14208 17421 6.09% 22.15% 22.61%
Exchange & Commission 307 328 319 848 921 -2.86% 3.65% 8.57%
Profit on Sale of Investment 13 37 33 219 92 -10.08% 162.50% -57.76%
Profit/Loss on revaluation of
9 41 77 -595 35 90.81% 776.19% -105.94%
Investment
Profit on Exchange 116 39 43 481 156 9.65% -63.29% -67.52%
Recovery from technichal
374 425 632 1014 1464 48.81% 69.27% 44.44%
Written of Account
All other Income 132 245 158 711 510 -35.66% 19.24% -28.36%
Total Non Interest Income 950 1114 1262 2678 3179 13.24% 32.74% 18.69%
Total Income 6006 6935 7437 16886 20600 7.24% 23.83% 21.99%
7

Performance Analysis Q3-FY24

 FEE BASED INCOME

IND (Rs. In Crores)

EX
Quarter Ending 9 Months Growth %
Particulars 9Months
9 Months 9 Months
Dec-22 Sep-23 Dec-23 Q-o-Q % Y-o-Y % FY 23-24 over
FY-2022-23 FY-2023-24
9M FY 22-23
A.Exchange & Commission 82 83 81 246 223 -3.18% -1.18% -9.09%
B.Income from Non Fund Based
45 45 42 134 132 -6.44% -6.49% -1.04%
Business
C.Processing charges 102 110 105 268 310 -4.11% 3.23% 15.66%
D.ATM/DBD Related Income 95 96 103 236 294 7.14% 8.36% 24.63%
E.Marketing/FI/Govt Business 11 20 18 39 51 -7.82% 65.01% 29.60%
F.Miscellaneous Income 78 165 89 131 284 -45.75% 14.61% 117.03%
FEE BASED INCOME (A+B+C+D+E+F) 413 519 439 1054 1295 -15.44% 6.30% 22.90%
Overseas 17 22 18 48 60 -18.51% 6.65% 24.86%
Fee Based Income - Global 430 541 457 1102 1355 -15.57% 6.31% 22.99%
8

Performance Analysis Q3-FY24

 TOTAL EXPENSES

IND (Rs. In Crores)

EX
Quarter Ending 9 Months Growth %
9Months
Particulars 9 Months 9 Months
Dec-22 Sep-23 Dec-23 Q-o-Q % Y-o-Y % FY 23-24 over
FY-2022-23 FY-2023-24
9M FY 22-23
Interest on Deposits 2594 3143 3283 7819 9271 4.45% 26.54% 18.57%
Interest on Borrowings 190 332 495 410 1083 48.97% 161.00% 164.28%
Total Interest Expenses 2784 3475 3778 8229 10355 8.71% 35.71% 25.83%
Staff Expenses 1107 1138 1269 3001 3623 11.51% 14.64% 20.72%
Other Expenses 575 645 610 1596 1820 -5.41% 6.05% 14.01%
Operating Expenses 1682 1783 1879 0 4597 0 5443 5.39% 11.70% 18.39%
Total Expenses 4466 5258 5657 12826 15797 7.59% 26.67% 23.16%

Performance Analysis Q3-FY24

 PROFIT PARAMETER

IND
(Rs. In Crores)

Quarter Ending
EX 9 Months Growth %
Particulars 9Months
9 Months 9 Months
Dec-22 Sep-23 Dec-23 Q-o-Q % Y-o-Y % FY 23-24 over
FY-2022-23 FY-2023-24
9M FY 22-23
Operating Profit 1540 1677 1780 4060 4803 6.15% 15.60% 18.29%
Provisions 985 1053 1058 2612 2955 0.49% 7.40% 13.16%
of which NPA Provisions 711 1121 367 1471 2297 -67.22% -48.33% 56.15%
Other Provisions 274 -68 690 1140 658 -1115.59% 152.17% -42.30%
Net Profit 555 625 723 1449 1848 15.69% 30.15% 27.54%

Q to Q PROFIT
1882
1780
1677
1540
1345
1232
985 1053 1058
845
650 723
555 625
500

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

10
Operating Profit Provisions Net Profit

Performance Analysis Q3-FY24

 PERFORMANCE RATIOS - QUARTERLY

IND
Cost of Deposits % Cost of Funds %
EX
4.82
4.69 5.02
4.81
4.38 4.44
4.27 4.35
4.10 4.19

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Yield on Investment % Yield on Advances %

8.78 8.88
6.42 8.52 8.52
8.43
6.00 6.04
5.89 5.86

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

11

Performance Analysis Q3-FY24

 PERFORMANCE RATIOS - QUARTERLY

IND
Yield on Funds % Return on Assets %
8.05
EX
7.74 0.86
7.50 0.83
7.27 7.31 0.73 0.75
0.62

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Net Interest Margin % Cost to Income %

3.27 3.20 3.21 3.12 3.12

56.96
52.21 49.23 51.53 51.35

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

12

Performance Analysis Q3-FY24

 BUSINESS PERFORMANCE - GLOBAL

IND
EX
(Rs. In Crores)

Q-o-Q variation Y-o-Y variation

Particulars Dec-22 Sep-23 Dec-23
Amount % Amount %
CASA 114591 119206 120915 1708 1.43% 6324 5.52%
a)Retail Term Deposits 130771 135221 135815 594 0.44% 5044 3.86%
b)Bulk Deposits 7951 13894 16522 2628 18.91% 8570 107.78%
c)Overseas Term Deposits 4167 4772 4794 23 0.48% 628 15.07%
Term Deposits (a+b+c) 142889 153887 157131 3245 2.11% 14242 9.97%
Total Deposits 257480 273093 278046 4953 1.81% 20566 7.99%
Advances 175050 208913 216163 7250 3.47% 41114 23.49%
Business Mix 432530 482006 494209 12203 2.53% 61680 14.26%
CASA% 44.50% 43.65% 43.49% (16 bps) (102 bps)
CD Ratio% 67.99% 76.50% 77.74% 124 bps 976 bps

13

Performance Analysis Q3-FY24

 DEPOSIT COMPOSITION

IND (Rs. In Crores)

Parameters Dec-22 Sep-23 EX

Dec-23
Q-o-Q variation Y-o-Y variation
Amount % Amount %
Domestic-Deposits
Savings Bank 96537 100625 98544 -2081 -2.07% 2008 2.08%
Current Account 15807 16182 19921 3739 23.10% 4114 26.03%
CASA 112344 116808 118465 1658 1.42% 6122 5.45%
Term Deposits 138723 149115 152337 3222 2.16% 13614 9.81%
Deposits 251066 265923 270802 4880 1.84% 19736 7.86%
CASA% 44.75% 43.93% 43.75% (18 bps) (100 bps)
Overseas- Deposits
Savings Bank 216 198 274 76 38.56% 58 26.76%
Current Account 2031 2201 2175 -26 -1.18% 144 7.10%
CASA 2247 2399 2449 50 2.10% 202 8.99%
Term Deposits 4167 4772 4794 23 0.48% 628 15%
Global Deposits
CASA 114591 119206 120915 1708 1.43% 6324 5.52%
Term Deposits 142889 153887 157131 3245 2.11% 14242 9.97%
Deposits 257480 273093 278046 4953 1.81% 20566 7.99%
CASA% 44.50% 43.65% 43.49% (16 bps) (102 bps)

14

Performance Analysis Q3-FY24

 BUSINESS COMPOSITION

INDSHARE DEC- 23
BUSINESS PORTFOLIO
Advances EX Savings Bank
20%
44%

Current
Deposits
4%
Term
Deposits
32%

% SHARE OF DOMESTIC ADVANCE:DEC- POP CATEGORY WISE DISTRIBUTION

23 OF DEPOSITS:DEC-23
Metro
Retail 46%
Corporate/Others
24%
31% Urban
22%

Overseas
3%

Agri
25% Rural Semi
MSME
11% Urban
20%
18% 15

Performance Analysis Q3-FY24

 ADVANCES

IND
EX
(Rs. In Crores)

Q-o-Q variation Y-o-Y variation

Parameters Dec-22 Sep-23 Dec-23
Amount % Amount %
Retail 40838 45482 46616 1134 2.49% 5777 14.15%
Agri 42284 47003 50326 3323 7.07% 8043 19.02%
MSME 31783 39112 40643 1530 3.91% 8859 27.87%
Corporate/others 45994 60226 60469 243 0.40% 14474 31.47%
Domestic Advances 160900 191823 198053 6230 3.25% 37154 23.09%
Overseas Advances 14150 17090 18110 1020 5.97% 3960 27.99%
Global Advances 175050 208913 216163 7250 3.47% 41114 23.49%
RAM to Domestic Adv (%) 71.41% 68.60% 69.47% 86 bps (195 bps)

16

Performance Analysis Q3-FY24

 RAM PERFORMANCE

IND
(Rs. In Crores)

Parameters Dec-22 Sep-23 Dec-23 Q-o-Q % EX

Y-o-Y % RETAIL BREAK UP -DEC-23

Others
RETAIL CREDIT 40838 45482 46616 2.49% 14.15% 24%
Of which
Personal
Home 23294 25596 26612 3.97% 14.25% 4%
Home
Education 3482 3106 2635 -15.17% -24.34% 57%
Vehicle
Vehicle 3677 3972 4248 6.96% 15.55% 9%
Education
Personal 1453 1759 1905 8.31% 31.13% 6%
Others 8933 11049 11215 1.50% 25.56%
MSME BREAKUP:DEC-23

AGRI 42284 47003 50326 7.07% 19.02% Micro, 59.47%

MSME 31783 39112 40643 3.91% 27.87%

Of which
Micro 20201 23607 24171 2.39% 19.65%
Small 6927 7471 7633 2.17% 10.19% Small,
18.78%
Medium 4656 8033 8839 10.03% 89.84% Medium,21.75
17

Performance Analysis Q3-FY24

 AGRICULTURE

IND (Rs. In Crores)

Domestic EX Agri
% Share to
Period Domestic
Advances Advances
Advances
Dec-22 160900 42284 26.28%
Mar-23 173669 43988 25.33%
Jun-23 174612 44853 25.69%
Sep-23 191823 47003 24.50%
Dec-23 198053 50326 25.41%

Agri Advances Dec-23

50326

47003

42284

Dec-22 Sep-23 Dec-23

18

Performance Analysis Q3-FY24

 MSME

IND (Rs. In Crores)

Category Dec-22 Mar-23EXJun-23 Sep-23 Dec-23

Micro 20201 23654 24420 23607 24171
Small 6927 6959 7207 7471 7633
Medium 4656 4243 4320 8033 8839
Total 31783 34856 35947 39112 40643

MSME BREAKUP:DEC-23

Micro, 59.47%

Small, 18.78%

Medium,21.75% 19

Performance Analysis Q3-FY24

 INVESTMENT

IND
(Rs. In Crores)

Parameters Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Domestic Investments
EX 92134
92642 91170 93744 96044
SLR 65043 64459 63455 66005 68029
Non SLR 27599 27675 27715 27739 28015
Held to Maturity 77454 77742 79981 80938 81709
Available for Sale 15158 14392 11128 12806 14127
Held for Trading 30 0 61 0 208
Investment by Overseas Branches 3877 4138 4158 4147 4166
Global Investments 96519 96272 95328 97891 100210

15158 14392 11128 12806 14127

77454 77742 79981 80938 81709

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Held to Maturity Available for Sale
20

Performance Analysis Q3-FY24

 VALUATIONS

IND
Particulars Dec-22EX Mar-23 Jun-23 Sep-23 Dec-23
*Return on Equity (%) 16.56 18.32 13.44 16.16 17.70
*Basic & Diluted Earning per Share 0.29 0.34 0.26 0.33 0.38
*Price Earning Ratio 109.29 65.57 92.33 141.48 113.32
Book value per share (in Rs) 7.21 7.75 8.01 8.35 8.93
Price/Book value (in Rs) 4.46 2.91 3.05 5.60 4.85
Adjusted Book value (in Rs) 5.09 6.02 6.64 7.63 8.24
Price/Adjusted Book value (in Rs) 6.31 3.75 3.68 6.13 5.26
*Quarterly

21

Performance Analysis Q3-FY24

 NPA MANAGEMENT

IND (Rs. In Crores)

Details
EX Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

i) Opening Gross NPAs 14726 14333 14072 13629 9893

a. Cash Recov eries 340 292 248 329 212
b. Upgradation 380 175 143 181 163
c. Write-Offs 1356 403 597 3559 1491
d. Sale to ARCs 0 0 0 7 0
e. Other Reductions 0 0 0 0 0
ii) Total Reductions (a+b+c+d+e) 2076 869 989 4076 1865
iii) Fresh Slippages to NPA category 1556 531 535 321 331
iii) Other Debits 127 76 12 19 81
Closing Gross NPAs (i-ii+iii) 14333 14072 13629 9893 8441
Gross NPA (%) 8.19% 7.44% 7.13% 4.74% 3.90%
Net NPAs (Absolute) 4000 3266 2587 1364 1303
Net NPA (%) 2.43% 1.83% 1.44% 0.68% 0.62%
Provision Coverage Ratio 91.34% 92.63% 94.03% 96.76% 96.85%
f. Recovery from Writ t en off account s 374 778 407 446 636
g. Recovery from uncharged int erest 119 155 86 106 116
Total Cash Recovery + Upgradation(a+b+f+g) 1214 1400 886 1062 1126

22

Performance Analysis Q3-FY24

 NPA MANAGEMENT

GNPA IND NNPA

9.00% 8.19%
EX
7.44% 7.13%
8.00% 2.43%
7.00%
1.83%
6.00%
4.74% 1.44%
5.00% 3.90%
4.00% 0.68% 0.62%
3.00%
Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

PCR SLIPPAGE RATIO

96.76% 96.85%
92.63% 94.03%
91.34%

0.99%
86.20% 84.57%
81.01%
76.79% 0.33% 0.31% 0.18% 0.17%
72.09%

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec 22 Mar-23 Jun-23 Sep-23 Dec-23
PCR (including techwrite off)

PCR (excluding techwrite off)

23

Performance Analysis Q3-FY24

 SECTOR-WISE CREDIT DEPLOYMENT & NPA

IND
(Rs. In Crores)
EX
Dec-22 Sep-23 Dec-23
Segmental NPAs
ADV NPA Ratio % ADV NPA Ratio % ADV NPA Ratio %
Retail 40838 1646 4.03% 45482 1377 3.03% 46616 846 1.81%
Agri 42284 2961 7.00% 47003 2228 4.74% 50326 2183 4.34%
MSME 31783 3122 9.82% 39112 2373 6.07% 40643 2291 5.64%
RAM 114905 7730 6.73% 131598 5977 4.54% 137585 5320 3.87%
Corporate 45994 4911 10.68% 60226 2344 3.89% 60469 1522 2.52%
Domestic Advance 160900 12641 7.86% 191823 8321 4.34% 198053 6841 3.45%
Overseas 14150 1692 11.96% 17090 1572 9.20% 18110 1599 8.83%
Total 175050 14333 8.19% 208913 9893 4.74% 216163 8441 3.90%

24

Performance Analysis Q3-FY24

 CAPITAL ADEQUACY

IND (Rs. In Crores)

Particulars Dec-22
EX
Mar-23 Jun-23 Sep-23 Dec-23
Market Risk RWA 8695 8208 6506 7814 8481
Operational Risk RWA 15066 15066 16705 16705 16705
Credit Risk RWA 100294 106706 106969 106838 114570
Total RWA (A) 124055 129981 130180 131357 139756
CET 1 15704 16736 17367 18135 19495
CET 1% 12.66% 12.88% 13.34% 13.81% 13.95%
Tier 1 15704 16736 17367 18135 19495
Tier 1% 12.66% 12.88% 13.34% 13.81% 13.95%
Tier 2 3109 4189 4192 4190 3987
Tier 2% 2.51% 3.22% 3.22% 3.19% 2.85%
Total Capital (B) 18813 20925 21559 22326 23482
CRAR (B/A) 15.16% 16.10% 16.56% 17.00% 16.80%
Total RWA to Advance Ratio 70.87% 68.77% 68.06% 62.88% 64.65%

Credit RWA to Advance Ratio 57.29% 56.46% 55.93% 51.14% 53.00%

25

Performance Analysis Q3-FY24

 MOVEMENT OF CRAR & RWAs

INDMovement
CRAR-Q-o-Q
EX
16.56% 17.00% 16.80%
16.10%
15.16%

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Credit RWA to Advance Ratio Total RWA to Advance Ratio

70.87%
57.29% 56.46% 55.93% 68.77% 68.06%
62.88% 64.65%
53.00%
51.14%

Dec-22Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

26

Performance Analysis Q3-FY24

 FINANCIAL INCLUSION

PMJDY Account (Number in Lakhs) IND PMJDY Account Balance (in Crs)
76.69

73.55
EX 3546 3541

3509 3510
69.15
67.96
3486
66.18

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

PMJDY Zero balance Accounts No in Jansuraksha Scheme (In Lakhs)

Lakhs 62.02
68.08

44.85

26.93 29.47
20.81
2.59 2.44 2.27 12.62 13.22
2.09 2.15 10.60

Dec-22 Sep-23 Dec-23

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 PMJJBY PMSBY APY
27

Performance Analysis Q3-FY24

 Digital initiatives

IND
EX
IOB MOBILE
BANKING APP

IOB
DIGITAL BHIM IOB UPI
PRODUCTS

INTERNET BANKING

GO
DIGITAL !!!
28

Performance Analysis Q3-FY24

 IOB MOBILE BANKING APP

IND
EX

Performance Analysis Q4-FY24

29

Performance Analysis Q3-FY24

 DIGITAL INITIATIVES

IND
EX

T&C Apply
UPI BHIM IOB UPI
MEANS

30

Performance Analysis Q3-FY24

 DIGITAL INITIATIVES

IND

e -BG EX

Get Your Bank Guarantee

Digitally !!!

e -BG

31

Performance Analysis Q3-FY24

 DIGITAL OUTREACH

ATM/CDM USERS
IND
INTERNET BANKING REGISTERED USERS
(NO OF OUTLETS) 3515
3508 EX (IN LAKHS)

3495 28.97
27.77
3477
26.45
25.59
3455 24.73

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

MOBILE BANKING REGISTERED USERS UPI REGISTERED USERS

(IN LAKHS) (IN LAKHS)
85.26
75.19 79.94
74.53 73.13 77.64 71.29
67.48
60.96 64.13

Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

32

Performance Analysis Q3-FY24

 CUSTOMER TOUCH POINT PAN INDIA

Domestic Presence Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

IND
EX
Branches 3220 3220 3222 3223 3226

ATM/CR 3455 3477 3495 3515 3516

BC 2742 3190 3322 3891 4886

DEC-23 BRANCHES DEC-23 ATM/CR

Rural, Metro
Rural, Metro,
847, , 724,
907, 698,
24% 21%
28% 22%

Urban
, 779,
Semi 22%
Semi Urban
Urban,
Urban, ,
657,
964, 20% 1166,
30% 33%
33

Performance Analysis Q3-FY24

 FOREIGN OUTREACH

IND
EX
HONG KONG
BRANCH

SINGAPORE
BRANCH

COLOMBO
BRANCH

BANGKOK
BRANCH

Performance Analysis Q3-FY24

 SHARE HOLDING PATTERN

IND
Category of Shareholder % share EX Shareholding Pattern-DEC-23
Government of India 96.38%
Government of
FI/Banks 0.01% India, 96.38%
Foreign Portfolio Investor (Corporate) 0.03%
Mutual Funds 0.06%
Insurance Companies 1.23% Institution,
1.44%
Individual 1.86%
ESOP/ESOS/ESPS 0.23%
Individual,
Bodies Corporate 0.11% 2.18%
NRI 0.04%
HUF 0.05% Government of India Institution Individual

35

Performance Analysis Q3-FY24

 STRATERGIC INVESTMENT JOINT VENTURE

IND
IOB entered into Non-Life Insurance Business with Universal Sompo General Insurance
(USGI) Company Limited with equity participation of 18% along with the other Banks and
Institutions EX
Name of Entity Shareholding %
Indian Overseas Bank 18.06%
Shareholding %
Dabur
Indian Bank 28.52% Indian
Investment
Sampo Japan Nipponkoa Insurance Inc 34.61% Corporation Overseas
. Bank
Karnatka Bank 6.00%
13% 18%
Dabur Investment Corporation. 12.81%
Total 100% Karnatka
Bank
6%
• USGIC has entered Bancassurance tie up with
Allahabad Bank, IOB & Karnataka Bank.

• IOB entered Corporate Agency arrangements Sampo

with effect from 20th December 2008 for Japan
Nipponkoa Indian Bank
distribution of USGI products. Insurance 28%
Inc
35%

STRATERGIC INVESTMENT JOINT VENTURE

Indian Overseas Bank (35%) has a joint venture Bank in Malaysia with Bank Of Baroda(40%) and
Union Bank of India(25%) named “India International Bank(Malaysia) Berhad”.
36

Performance Analysis Q3-FY24

 ASSETS & LIABILITIES

IND Rs in Lakhs
Balance Sheet as at 31.12.2023
EX
LIABILITIES
Standalone Consolidated
Particulars
Dec-23 Dec-22 Dec-23 Dec-22
Capit al 1890241 1890241 1890241 1890241
Reserves and Surplus 825487 569277 786340 528630
Deposit s 27804575 25747998 27826872 25752934
Borrowings 3099366 1336533 3099366 1336533
Ot her Liabilit ies & Provisions 791575 651984 791640 652043
Total 34411244 30196033 34394459 30160381
ASSETS
Cash & Balance wit h RBI 1379079 1799405 1379134 1799489
Balance wit h Banks and
126278 377178 151390 395392
Money at Call and Short
I nvest ment s 9821202 9438828 9777506 9383460
Advances 20890240 16468025 20891792 16469128
Fixed Asset s 376159 369764 376210 369848
Ot her Asset s 1818286 1742833 1818427 1743064
Total 34411244 30196033 34394459 30160381

37

Performance Analysis Q3-FY24

 ESG INITIATIVES

IND
EX
IOB VEHICLE
LOAN FOR E BIKE/CAR
ENVIRONMENTAL SOCIAL GOVERNANCE

IOB TEJAS
FOR RENEWAL SOLAR
ENERGY EQUIPMENT

CREDIT FACILITY
TO
WIND MILL

PAPERLESS
BANKING

ENVIRONMENTAL

38

Performance Analysis Q3-FY24

 ESG INITIATIVES

IND
EX
VARIOUS IOB CREDIT
SCHEME FOR
WOMEN
ENVIRONMENTAL SOCIAL GOVERNANCE

THE SAKTHI- IOB

CHIDAMBARAM
CHETTIAR MEMORIAL
TRUST

FINANCIAL LITERACY
CENTERS (SNEHA)

SOCIAL
FRIENDLY
WORK
ENVIRONMENT

39

Performance Analysis Q3-FY24

 ESG INITIATIVES

IND
EX
COMPLYING WITH
ALL GUIDELINES
&REGULATIONS
ENVIRONMENTAL SOCIAL GOVERNANCE

EFFECTIVE
MONITORING

CUSTOMER
RIGHT POLICY

EFFECTIVE
CUSTOMER
COMPLAINTS
RESOLUTION
GOVERNANCE

40

Performance Analysis Q3-FY24

 ACCOLADES & AWARD

IND
EX

On January 13, 2024, Bank has received the ICAI Awards for Excellence in Financial Reporting
under ‘’Plaque” category for commended Annual Report in Category I – Public Sector Banks for
the year ended March 31, 2023, from The Institute of Chartered Accountants of India (ICAI).
41

Performance Analysis Q3-FY24

 DISCLAIMER

IND
EX
Except for the historical information contained herein, statements in this release which
contain words or phrases such as "will", "aim" "will likely result", "would", "believe", "may",
"expect",', "will continue ", "anticipate", "estimate" "intend", "plan", "contemplate" "seek
to" "future", "objective", "goal", "strategy", "philosophy", "project", "should", "will pursue"
and similar expressions or variations of such expressions may constitute "forward-looking
statements".

These forward-looking statements involve a number of risks, uncertainties and other

factors that could cause actual results to differ materially from those suggested by the
forward-looking statements. These risks and uncertainties include, but are not limited to
our ability to successfully implement our strategy, future levels of non-performing loans,
our growth and expansion, the adequacy of our allowance for credit losses, our
provisioning policies, technological changes, investment income, cash flow projections,
our exposure to market risks as well as other risks. Indian Overseas Bank undertakes no
obligation to update forward-looking statements to reflect events or circumstances after
the date thereof.

42

Performance Analysis Q3-FY24

 IND
EX
THANK YOU

We express our heartfelt gratitude to all our stakeholders for their support & trust and
solicit their continued patronage to make our beloved Bank grow exponentially in the
coming years

Please provide your valuable feedback @investor.iobnet.co.in

visit us @ https://www.iob.in

Follow us on Social Media

43

Performance Analysis Q3-FY24